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$ 958,000
Est. payment | /mo
9 Beds
5 Baths
3,417 SqFt
$ 958,000
Est. payment | /mo
9 Beds
5 Baths
3,417 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,417 sqft
Price per Sqft $280
MLS Listing ID 25582047
Bedrooms 9
HOA Y/N No
Year Built 1922
Lot Size 6,756 Sqft
Property Description
We are pleased to offer for sale a five-unit apartment building located at 1259 Vin Scully Avenue in Los Angeles, CA. The subject property is located just north of Sunset Boulevard within the desirable Echo Park submarket. Over the past decade, Echo Park has become one of the most desirable neighborhoods in all of Los Angeles, combining abundant open space with urban walkability. Real estate located on the north end of Sunset Boulevard is viewed as prime, boasting some of the highest rents on the Eastside of L.A. Situated on a 6,755 square foot parcel, the property is comprised of two one-bedroom units, two two-bedroom units, and one three-bedroom unit. The property's irreplaceable location, north of Sunset Boulevard coupled with the significant value-add potential and attractive basis makes 1259 Vin Scully Avenue an excellent acquisition opportunity for investors. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS. The property is being sold as part of a two-building portfolio, including a seven unit (1242 Lilac Place) directly adjacent, which is available individually or any combination as a portfolio purchase.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAR4
Interior
Fireplace No
Exterior
Parking Features None
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5406012028
Special Listing Condition Standard
Listed by Sean Rosenzweig Marcus & Millichap